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Aviation Products Insurance
Aviation is a major global industry supporting a broad range of businesses including component manufacturers, maintenance and overhaul organisations. Those firms take on a very significant financial exposure in the event that, following an aviation accident, it is proved that the product that the firm has made, modified, serviced or repaired is faulty in design, production or workmanship. The amounts at stake, particularly if a case is brought in the USA, can be very substantial indeed.
As well as coverage for prime manufacturers, aviation product liability insurance is appropriate for all entities throughout the supply and distribution chain, as each party is potentially exposed to legal liability.
Kiln is able to offer insurance coverage for the following operations:
- Manufacturers and designers
- Maintenance and repair organisations (MROs)
- Suppliers of components / spare parts
- Distribution outlets
- Companies supplying engineering labour / resource
- Flight safety / instruction / audit enterprises
Kiln provides product liability coverage with line sizes of up to USD 80m.
Underwriters
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Paul MacMillan
Deputy Underwriter
London
Syndicate: 510
All classes of aviation business